Sell WIF/USDT – 4H – SELL

The combination dogwifhat/Tether (WIF/USDT) goes from the descending trendline down.

A continuation of the bearish trend downwards to the next support level at 0.173 will persist.

Caution: A possible change in the direction of the resistance level at 0.223 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a indicator signal is detected. The indicator is ”. which is often a bearish signal. The pair is likely to go down.

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Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The pair is likely to go down.

Besides a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Besides a ‘Bearish Engulfing’ candlestick pattern is discovered. The chart shows ‘Bearish Engulfing’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.

Support & Resistance Price Range*
3rd High 0.239
2nd High 0.23
Next High 0.223
Current Price 0.171000000
Next Low 0.173
2nd Low
3rd Low

0.223 – 0.211 – 0.23 – 0.173 – 0.181 – 0.192 —
0.182000000 – 0.180000000 —
35.663466000029 – 33.384974919693 —
– —
0.223 – 1772640000

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